Meaning of “repayment supplement” in the English Dictionary

Business

"repayment supplement" in Business English

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repayment supplementnoun [ C ]

uk ​ us ​ TAX, FINANCE

› an extra payment that is made when money is returned to a person or company that has paid too much tax:

Some traders may be eligible for a repayment supplement under the new legislation.

(Definition of “repayment supplement” from the Cambridge Business English Dictionary © Cambridge University Press)

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